Cardano (ADA) is an open-source decentralized blockchain. It allows the conclusion of smart contracts between parties.
Cardano was founded by Charles Hoskinson in 2015 with a team of programmers. Prior to that, he worked at Ethereum and has a wealth of experience in the field. He implemented a scientific philosophy in his work, including 'peer review.' In 2017, his white paper was signed by Input Output Hong Kong (IOHK). Cardano takes its name from Girolamo Cardano, a Renaissance physician, and mathematician. In September of that year, he began trading his cryptocurrency ADA.
Cardano is a unique project that uses a scientific approach in the development of its blockchain, which is created with a team of experienced engineers and scientists. The goal of the blockchain is to create scalable, secure, and reliable technology to run financial applications that millions of users can use every day. For this reason, the project team takes the same careful approach as it does with vital banking systems.